Fuel Hike: President Tinubu Approves Provision Of Buses To Nigerian Students ,Removes Restrictions On Students Loan - EDU-BIZNEWS


Monday, July 31, 2023

Fuel Hike: President Tinubu Approves Provision Of Buses To Nigerian Students ,Removes Restrictions On Students Loan

Nigeria's President Bola Ahmed Tinubu has  given approval for the provision of buses to students’ bodies of all universities, polytechnics and colleges of education across the country, to cushion the effect of removal of fuel subsidy on students going and coming back from their various campuses 
Special Adviser to the President on Special Duties, Communication and Strategy, 
Dele Alake announced this in a statement 
on Monday, amid the insistence by the organised labour to stage a nation wide mass protest on Wednesday, August 2 against the recent hike in Premium Motor Spirit, otherwise known as petrol to N617 from the initial N500 per litre as released by the Nigeria National Petrolatum Company Limited 
According to the Presidential spokesman, the president’s desire is to see that students can access their campuses without experiencing much difficulty as a result of the hike in transportation costs.
He explained that the provision of the buses would go a long way in removing the burden of additional cost of daily commuting on parents and guardians.
President Tinubu in the statement the removal of all restrictions on the students’ loan to make it available to any student or household that may desire it.
Alake  added that the new directive was in line with Tinubu's promise to ensure no Nigerian student abandons his or her educational pursuits as a result of lack of money and economic circumstances of their parents.
Alake equally revealed that Tinubu has directed the authorities in all Federal Institutions of higher learning to avoid arbitrary increase in sundry fees payable and where possible defer further increase so that parents and students don’t face too many difficulties.
“While it is important to reiterate that President Tinubu has directed release of over 200,000 Metric Tonnes of grains to families in 36 states and Federal Capital Territory, Abuja, the government is working to ensure that vulnerable students can also benefit from conditional cash transfers and food distribution.
“The Federal Government salutes the courage, wisdom and partnership of Nigerian Students as our country navigates this challenging time.
“President Tinubu will continue to prioritise education and the needs of the students, improve welfare of teaching and non-academic staff and invest in infrastructure to make our institutions of higher learning become more globally competitive,” Alake assured  

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